For sale: one deserted village left behind in rush to New Zealand's cities

an entire village which has been deserted for three decades is up on the market in New Zealand.

Lake Waitaki village changed into constructed within the Thirties as workers lodging for dam labourers but has lain in large part empty due to the fact that 1989 when the dam’s operation became automated.
Tiny New Zealand city with 'too many roles' launches drive to recruit outsiders
 examine more
positioned on the brink of the Waitaki dam inside the South Island, it boasts mountain perspectives as well as 8 3-bedroom houses, a restaurant, a inn, water rights, nine garages and 14 hectares of land – all in favour of $2.8m (£1.4m).

Waitaki is simply one in every of many small communities that have struggled to stay afloat as the new Zealand’s population has come to be more and more urbanised.  years ago the tiny city of Kaitangata in South Otago launched a worldwide campaign to enhance its populace, announcing it had too many jobs, too many homes and not sufficient human beings to fill them.

The Labour-led authorities has earmarked 1000000000 greenbacks a 12 months for the nearby improvement fund, designed to revitalise the regions with the aid of luring human beings away from the cities and lower back to struggling rural regions.
Lake Waitaki turned into offered through the nation to a private consumer in 1991 earlier than passing thru several hands through the years.

for the reason that New Zealand authorities introduced in a ban on overseas consumers last week, property agent Kelli Milmine said it was tough to inform which searching for what you offer had been home and which had been international, due to the fact foreign consumers had began the usage of New Zealand intermediaries to make enquiries. a few chinese nationals had expressed hobby, she stated.

The foreign shoppers ban is intended to forestall foreigners buying existing residential houses that New Zealanders ought to otherwise purchase and live in.

Trusts and groups that are registered out of doors New Zealand or are more than 25% overseas owned might be dealt with as foreign individuals and prohibited from buying residential belongings, however should purchase land or non-residential assets through the foreign places funding office. overseas consumers also are allowed to shop for residential property if they may be resident in New Zealand and intend to stay inside the property as their predominant domestic for 183 days of each yr.